Affiliate broker definition

Affiliate broker means any person engaged under contract by or on behalf of a licensed broker to participate in any activity included in subdivision (2);
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Examples of Affiliate broker in a sentence

  • None of (i) it or its directors, officers, employees or managers or (ii) to its knowledge, any Affiliate, broker, representative or agent of it that will act in any capacity in connection with or benefit from the credit facility established hereby, is a Sanctioned Person.

  • The Affiliate broker may charge its customary commission (or retain its customary spread) with respect to any such transaction.

  • An Affiliate broker may charge its customary commission (or retain its customary spread) with respect to any such transaction.

Related to Affiliate broker

  • Associate broker means a licensed broker who is employed by

  • Real estate broker means an individual or business entity that, with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses of, lists or offers or attempts to list, or negotiates the purchase, sale, or exchange of real estate; that negotiates the mortgage of real estate; that negotiates for the construction of a building on real estate; that leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; that engages in property management as a whole or partial vocation; that sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or that, as owner or otherwise, engages in the sale of real estate as a principal vocation.

  • Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

  • Principal broker means a broker who is either a real estate proprietor, a partner in a real estate partnership, or an officer in a real estate corporation.

  • Data Broker means either of the following: